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Not your Ordinary Auto Repair Shop

Toronto, ON

Seller Financing Available
Not your Ordinary Auto Repair Shop
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Asking Price: $2,200,000

Cash Flow: $675,000

Gross Revenue: $2,300,000

EBITDA: $625,000

FF&E: $250,000

Inventory: $18,000

Rent: $14,000 /Month

Established: 1998

Not your Ordinary Auto Repair Shop

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Business Description

A highly profitable auto repair shop located in North-End Toronto has produced exceptionally high profits (average 26% EBITDA) consistently for over 20 years. This enterprise is currently available for sale because the owner would like to retire. By catering to owners of high-end German vehicles, the annual sales for the business are in excess of $2,300,000. With 15 bays, the shop’s 6 certified technicians together with a manager and administrative assistant has drawn rave reviews from all of its satisfied clients by providing honest, reliable service to it’s wide and diverse customer base. The business’s well-developed procedures and practices ensure that margins are maintained and bottom,-line profits exceed expectations. The company compares well with industry benchmarks for both productivity and net earnings. This is an ideal opportunity for either an established industry player or an entrepreneur with a desire to be an essential part of the automotive field.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
12,000
Lease Expiration:
12/31/2019
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large facility includes all repair equipment and tools as well as fully-developed customer list.
Competition:
There are a number of auto repair shops in the vicinity. This shop caters to better quality autos and has consistently drawn upon the entire G.T.A. Outstanding online reviews has boosted the effectiveness of its marketing campaigns.
Growth & Expansion:
This shop is well-located near affluent communities and owners of target vehicles. Because of a large lot and ample service bays, the business can continue to prosper.
Financing:
To be discussed
Support & Training:
Will be provided as required
Reason for Selling:
Retirement
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Business Listed By:
Norm Sobel

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